Merchants (LSE:MRCH)
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TIDMMRCH

RNS Number : 4975I

Merchants Trust PLC

02 December 2022

LEI: 5299008VJFXCUD2EG312

2 December 2022

The Merchants Trust PLC

In accordance with the policy announced on 19 March 2019, the Company has today issued 50,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at a price of 563.90p per share. This presents a premium of 1% to the current net asset value. These shares are issued under the waiver of pre-emption rights authorised by shareholders at the general meeting and rank pari passu with existing shares in issue.

Following this issue, the Company has the ability to issue 18,054,921 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 139,039,887.

Shareholders may use the figure 140,217,887 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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(END) Dow Jones Newswires

December 02, 2022 11:36 ET (16:36 GMT)